Global Private Equity investors are chowing down on fast-food and casual dining chains, Jonathan Shieber reports. At the rate things are going, this year could easily be the most active in terms of deal flow for restaurant businesses in emerging markets, and you know those deals are going to go straight to private equity’s thighs.

AXA Private Equity is set to raise an additional 500 million euros for a newly expanded private debt program, Shasha Dai reports exclusively for LBO Wire. The private equity arm of French insurer AXA SA recently formed a pool of capital of about EUR1 billion to invest in mezzanine, unitranche debt — or a one-stop shopping for debt financing needs — and other private debt products. Click here to read the full story (subscription required).

(LBO Wire is a daily newsletter with comprehensive analysis of all the investments, deals, fundraisings and personnel moves involving private equity firms. For a two-week trial, visit our homepage, scroll to the bottom and click “try for free.”)

Elsewhere on the Web:

The New Yorker takes a look at Yucaipa Cos. founder Ron Burkle’s move into Hollywood with his investment Relativity Media, the movie company created by the controversial entrepreneur Ryan Kavanaugh.

First Reserve is also selling a majority stake in U.K. offshore oil and gas services company Acteon to Kohlberg Kravis Roberts & Co., according to Reuters.

Pomona Capital is set to hold a first close on its eighth secondary fund early next month after parent company ING Groep transferred its existing private commitments to the vehicle, Kiel Porter reports for LBO Wire’s U.K. sister publication Private Equity News.